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Search Results 0 to 13 of about 14 (some duplicates have been removed)
. >> by growing the economy. just a couple numbers. already in this meager economic recovery, we've increased revenue to the federal government by $344 billion. if we just return to a normal economy, like we had in 2007, under president bush, where proven was 18.5% of our economy, that would raise another $400 billion per year. the president's proposal right now, the highest estimated is $75 billion, a tenth of that. economic growth is 10 finals more effective at raising revenue. the problem with punishing success, the problem with the president's proposal, it will put that economic growth at risk. you know, i think the best question really is, what is the president's plan? show us your plan. this is about returning confidence to the economy. >> greta: a plan to rev up the economy or a plan for spending cuts? >> a plan for reducing the deficit which actually would return certainty to the economy, restore confidence, which would help economic growth. punishing success will not do that. temporary tax increases don't do that as well. >> greta: it's interesting, almost seems like a game of chicke
, but a blind duck congress. >> listen, this is not a game. jobs are on the line. the american economy is on the line. >> we've got to reduce our long-term deficit. that's also important to long-term economic growth. and we have said we need to do that in a balanced way. >> how gutless is it to blame the people who are still working in this country? >> the only reason democrats are insisting on raising rates is because raising rates on the so-called rich is liberalism. >> asking for a political price to be paid in order congress to do its job, to ensure that the united states of america pays its bills, does not default for the first time in its history is deeply irresponsible. >> how gutless is it to blame them for the problems that exist in this country? >> their interested in wealth destruction. the country doesn't need a victory lap. it needs leadership. >> president obama had said that he has pen in hand, he's prepared to sign the middle class tax cuts. >> i think it's important congress act now, i mean right now. >> they're still not paying they're fair share? the people working h
economy and a fiscal mess. >> our people in an overwhelming way supported the reelection of this president, and there ought to be a quid pro quo and you ought to exercise leadership on that. >> you want the answer to solving the fiscal cliff? we put an offer on the table. the president now has to engage. >> you might even say he'll inherit these problems. >> the president is going away for christmas. he's going to hawaii for 20 something days. where am i going to be? where are my neighbors going to be? we're not going to have a place called home. where is the help? >> what's holding us back right now is a lot of stuff that's going on in this town. >> after the election of jimmy carter, he went to washington, d.c. and came back home with some bacon. >> that's right. >> that's what you do. >> the fact is this president basically i don't think wants to work with congress. >> we do not have a taxation problem. we've got a wildly out of control spending problem. >> i'll be here, and i'll be available any moment. >> we believe that despite obvious resistance to what has to be the framework of a
that people were following and reporting on governor richardson as a steward of the economy here. >> no. that was not what was happening. when was coming out -- what was coming out of the governor's office were figures that were not being honest with the people. >> greta: you must have just about fallen over when you saw the number jump in a period of 24 or 48 hours. >> absolutely. it was a number that i knew we had to deal with. i knew we had to deal with $2 50 million. i guess we'll have to dea do wht the rest of the people are doing is tighten our belts and figure out how to solve the problem. when i was running for office, i was committed to not raising taxes. i was going to balance the budget and make sure that we were not going to raise taxes so that we could really continue to be competitive in bringing businesses to new mexico. grow our economy so that that deficit will never come back again. >> greta: well, a fast way to get money is to cut spending or eliminate waste and grow the economy. growing the economy takes a bit of time. i take it that it was expense cutting because yo
world war 2 we've spent between 18 and 19% of the overall economy. that's the percentage of economic activity the government has consumed. if you look at revenue, we're at about 16%. if you look at spending, we're at 25%. we're way out of kilter when it comes to spending, and the president, all he wants to focus on is the little -- the reason we're at 16, n not 18, is becaue of poor economic growth. he doesn't want to focus on the problem. he wants to transform what american government is about. >> is it because he thinks he has a better idea or because he's stubborn and arrogant? >> look, do i believe the president is stubborn and arrogant? maybe. i don't know him that well. i will say that he's convicted that government should have more resources and make more decisions in america and that's the course we're headed on. >> senator, thank you. always nice to see you, sir. >> my pleasure, thank you. >>> to the sizzling question of the day. will the next ambassador wear prada. why would president obama consider magazine editor for a diplomatic post? >> i'm glad santorum is handling the
of the peaks and valleys of the economy and different challenges that we've been faced. we've made it a point to never lay anyone off. we really don't look forward to the possibility of that either. we are going to see what we can do in other ways. there's only two major areas that we could work with a cost like this. that would be our -- labor. >> greta: in terms of this change have you calculated how much obama care would cost? to figure it out and keep records are you going to hire someone? >> that's another problem with the way the bill is written. they are calling fulltime employee a 30 hour per week employee. in our industry there are flexible hours in our company, many people have flexible hours that's one of the attractions of coming to work in a restaurant. of the 13 million restaurant employees around the country, that's one of the major attractions is that you can have flexible hours. what that means is, you.v.s can one week have 20 five hours and another week maybe up to 35 or more. how you stay in compliance with the law is going to be difficult for a company like ours to be able
Search Results 0 to 13 of about 14 (some duplicates have been removed)